Karachi: Money laundering scam: four bank managers remanded till 31st
KARACHI: Additional District and Sessions Judge (South) Asif Ahmed remanded four bank managers to police custody till December 31 for alleged involvement in a money laundering scam. During interrogation, JavedKhanani, HanifKalia and Munaf Kalia had revealed involvement of Allied Bank Limited Bahadurabad Branch Manager Syed MasoodAkber, the bank’s Service Manager Syed Wajahat Ali, Habib Bank Limited Hasan Square Branch Manager Tasneem Ahmed, and My Bank Cloth Market Branch Manager Arif-ul-Rehman in a money transaction scam.
The police had arrested them on Dec 23 and added their names in the FIR registered against Hanif Kalia. Meanwhile, the same court extended the remand of the owner of Al–Sahara Exchange Company, MehboobMotiwala, till December 31.